iShares Advantage Large Cap Income ETF (BATS:BALI – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 106,086 shares, an increase of 81.3% from the September 30th total of 58,501 shares. Approximately 9.8% of the shares of the company are short sold. Based on an average trading volume of 559,504 shares, the short-interest ratio is currently 0.2 days.
iShares Advantage Large Cap Income ETF Trading Down 1.0%
Shares of BALI stock opened at $33.74 on Tuesday. The stock has a 50 day moving average of $34.55 and a two-hundred day moving average of $33.31. iShares Advantage Large Cap Income ETF has a 12 month low of $29.94 and a 12 month high of $35.39. The company has a market capitalization of $36.44 million, a P/E ratio of 23.77 and a beta of 0.85.
Institutional Trading of iShares Advantage Large Cap Income ETF
A number of institutional investors and hedge funds have recently modified their holdings of BALI. First Horizon Corp bought a new position in shares of iShares Advantage Large Cap Income ETF during the 1st quarter worth about $1,681,000. Arkadios Wealth Advisors raised its position in iShares Advantage Large Cap Income ETF by 45.1% in the first quarter. Arkadios Wealth Advisors now owns 30,794 shares of the company’s stock worth $949,000 after purchasing an additional 9,573 shares in the last quarter. Continuum Advisory LLC bought a new position in iShares Advantage Large Cap Income ETF during the second quarter worth about $152,000. Sunbelt Securities Inc. lifted its stake in iShares Advantage Large Cap Income ETF by 25.8% during the first quarter. Sunbelt Securities Inc. now owns 20,846 shares of the company’s stock worth $642,000 after purchasing an additional 4,278 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in iShares Advantage Large Cap Income ETF by 28.0% during the first quarter. Janney Montgomery Scott LLC now owns 10,451 shares of the company’s stock worth $322,000 after purchasing an additional 2,289 shares during the period.
iShares Advantage Large Cap Income ETF Company Profile
The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.
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